The Van Benefit and Car and Van Fuel Benefit Order, SI 2017/1176, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £23,400 (currently £22,600) with effect from 6 April 2018. The cash equivalent of the benefit of a van is increased to £3,350 (from £3,230) and the van fuel benefit figure is increased to £633 (from £610).
The Van Benefit and Car and Van Fuel Benefit Order, SI 2017/1176, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £23,400 (currently £22,600) with effect from 6 April 2018. The cash equivalent of the benefit of a van is increased to £3,350 (from £3,230) and the van fuel benefit figure is increased to £633 (from £610).
